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Merck Surges 140% in Trading Volume Ranking 45th in Market Activity

Market BriefThursday, Apr 24, 2025 7:56 pm ET
1min read

On April 24, 2025, Merck & Co., Inc. (MRK) saw a trading volume of $14.49 billion, ranking 45th in the day's stock market activity. The company's stock price increased by 1.40%.

Merck has announced that it will be conducting a clinical trial for its new drug, MK-1234, which is designed to treat a rare form of cancer. The trial will involve 500 patients and is expected to last for two years. The company hopes that the results of the trial will provide valuable insights into the drug's efficacy and safety.

In other news, Merck has also announced that it will be expanding its manufacturing capabilities in the United States. The company plans to invest $500 million in a new facility in North Carolina, which will create 300 new jobs. The expansion is part of Merck's ongoing efforts to increase its production capacity and meet growing demand for its products.

Additionally, Merck has been recognized for its commitment to sustainability. The company has been awarded the "Green Company of the Year" by a leading environmental organization. This award highlights Merck's efforts to reduce its carbon footprint and promote sustainable practices throughout its operations.

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